Hi m22au same old shit political leaders trying to push their central banks to follow loose monetary policies.
"Goldman Warns Turkish Banks Will Be Wiped Out If Lira Hits 7.1" https://www.zerohedge.com/news/2018...rkish-banks-will-be-wiped-out-if-lira-hits-71 Levels at which Goldman believes excess capital would be eroded: IS 6.3 YKB 6.3 AK 6.9 HALK 7.6 GAR 7.6 VAK 7.7 Sensitivity AK -67 GAR -61 YKB -53 IS -52 VAK -44 HALK -43 https://en.wikipedia.org/wiki/List_of_banks_in_Turkey https://en.wikipedia.org/wiki/Ziraat_Bankası (does not appear to be one of the six above) IS https://en.wikipedia.org/wiki/Türkiye_İş_Bankası GAR https://en.wikipedia.org/wiki/Garanti_Bank AK https://en.wikipedia.org/wiki/Akbank YKB https://en.wikipedia.org/wiki/Yapı_ve_Kredi_Bankası HALK https://en.wikipedia.org/wiki/Halk_Bankası VAK https://en.wikipedia.org/wiki/VakıfBank .
Anyone getting TRY datafeed for Esignal charting software? I'd like to know which particular exchange you subscribe to for the datafeed. Also let me know which particular TRY cross pair you are trading. I can see TRY.JPY pair in IB trading platform, and in another platform, I can see Euro Lira pair but volume is practically zero.
Aug. 10, 2018 3:40 AM ET "Contagion concerns from Turkish drama" https://seekingalpha.com/news/3381519-contagion-concerns-turkish-drama "Stocks dive, euro falls, as Turkey turmoil ripples out" https://www.reuters.com/article/us-...s-as-turkey-turmoil-ripples-out-idUSKBN1KV03F "Turkey Meltdown: Lira Implodes As Panicked Sellers Spark Global Contagion" https://www.zerohedge.com/news/2018...lodes-panicked-sellers-spark-global-contagion "World Markets Roiled As Turkey Currency Crisis Goes Global" https://www.zerohedge.com/news/2018-08-10/world-markets-roiled-turkey-currency-crisis-goes-global Banks (outside Turkey) with exposure to Turkey mentioned are BBVA, Unicredit, BNP Paribas .
Akbank US symbol AKBTY IS Bank US symbol TIBD US symbol TYABY Garanti TKGBY TKGZY YK Bank YKBD Halk THBIY Vak TKYVY
12.00BST: President Erdogan to speak 12.30BST: Finance Minister Albayrak announces new economic model Next 14.30BST: President Erdogan to speak again (9.30am New York) .
Lira collapses as Erdogan tells Turks: They have 'their dollars,' we have 'our god' Ah yes. God will save you from a currency collapse.
Emerging Currencies The Turkish lira is still sliding—it lost as much as 13% of its value against the dollar today, and is down more than 20% over the week. Markets are worried about Turkey's ability to pay back foreign currency debts. Meanwhile, the Russian ruble lost as much as 5% against the dollar yesterday, and Russian stocks fell by as much as 9%. The big losers there were state banks and the airline Aeroflot, which would suffer if yet more U.S. sanctions arrive. Financial Times
Yahoo Finance quotes https://finance.yahoo.com/quotes/XU...s,garan.is,vakbn.is/view/v1?ltr=1&bypass=true .